enterprise.com
enterprise.com (e.com) specializes in report input, evaluation, analysis and benchmarking.
Our goal is to help our customers improve their "reporting bottom lines", by enhancing report value, reflecting
company value, showing investor value, and finally increasing stakeholder value.
e.com has developed an international, independent, integrated, content-based and competitive approach to assess
and compare annual reports -in print and online- as well as other investor information instruments and market
communication tools.
Our founders, staff and network have operated in 30 countries and consulted for 120 corporate clients on more than
400 reporting operations and customized reviews, from Amsterdam to Tokyo, Stockholm to Vancouver; from
Greater London to Illinois to Hong Kong. Our clientele mainly consists of CFOs, IR officers, CC managers, report teams
of listed blue chips. It also includes spin-offs, IPOs, consultants, analysts, design agencies and -private or
institutional- investors.
A spin-off from The Enterprise Group (est. 1986, inc. 1990, liq. 1999), e.com is controlled by U.S.-based Corporate
Essentials, Inc. The company is independent and not affiliated with any bank, government, accounting, auditing or
rating institution or professional organization.
With head offices and network partners based near major financial centers in Britain, Europe, North America and
Asia-Pacific, e.com is in the loop on reporting standards, requirements and best practices.
ReportWatch
ReportWatch is the trademark -and the website- for the report monitoring, scanning, scoring and rating process that
results in the Annual Report on Annual Reports.
Created in 1996, and based both on e.com's internal desk research and an external panel of reporting specialists, this
survey of annual reports' best practice is often regarded as the most comprehensive, international and authoritative
survey on annual reports.
e.com - ReportWatch
Head Office
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London EC1M 4BH
t +44 (0)207 250 47 25
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e e.com@reportwatch.net
www.reportwatch.net
What readers -and users- say
"We are taking part in various annual report and other investor relations competitions, but the one we take more
seriously is the Annual Report on Annual Reports for its accuracy, balanced assessment, and a real international
exposure"
(a Canadian investor relations officer)
"Serious evaluation criteria, emphasis placed on strategy and financials, no national bias"
(a German financial journalist about the Annual Report on Annual Reports)
"Since discovering the excellent "Annual Report on Annual Reports" we have benefited enormously from the
evaluation services we commissioned. In addition, the comprehensive yearly survey that contains a wealth of useful
information continues to assist us in our quest to improve our reporting. Although we have improved our position, we
are conscious of many areas where we should focus our energies..."
(the corporate publications manager at a large South African group)
"I have received your Report Scan after having read the whole survey. Your detailed analysis on our report has been
most insightful and I am sure it will be of great use in preparing next year's report"
(an officer at a Japanese cosmetics firm)
"I am impressed with your thorough research study and appreciate you publishing such a valuable piece... I do
applaud. We share the same desire [to produce better online reporting]"
(a U.S. investor web-design firm)
"We have found the customized benchmarking exercise following the publication of your survey as useful -even
though sometimes painful!- to our reporting practice as it is with other tools for improving our own products"
(he investor relations officer of a leading European IT blue chip)
"Read up your latest ranking of best reports, ordered some among the top 30, and bought some stock in a number of
them because of the long-term indicators found"
(a Canadian investor)
"Based on the report output as judged in the annual on annuals, with that emphasis placed on financial and investor
information, I could sometimes be ready to change up to 20% of my investment portfolio"
(a London-based investment portfolio adviser)
"Aptly named, a watchdog group that tracks report transparency and data availability"
(CFO Asia Magazine about e.com's annual rankings on reports)
"The Annual Report on Annual Reports is a real international competition focused on the reports themselves, without
those big self-glorifying national celebrations and glitzy awards"
(a German company financial communication specialist)
"The Annual Report on Annual Reports, published by a Europe-based global tracking company, named BMO's 2001
annual report simply the best in the world. One of the stated reasons was that we are "one of those rare companies
for which reporting is not just about complying and following the crowd or the way of the world. But also adding
value, giving insights, reviewing and highlighting and describing and explaining." As steward of this indeed rare
company, I pledge more of the same"
(The chairman of Bank of Montreal, after his company's report had made N°1 in the report ranking)
The Annual Reports on Annual Reports 1998, 2000, 2004, and 2008.
Annual Report on Annual Reports
A publication of enterprise.com (e.com).
Publisher and Editor: Mike Guillaume.
Report Watch research, scanning and scoring: e.com staff, interns and network.
Report concept: e.com.
Original report template: Dart Group (Amsterdam, The Netherlands).
Web design and layout: Inventis (Limburg, Belgium).
ISSN 1782-1037
Survey and research methodology created in 1996 at The Enterprise Group.
Copying for other than personal or internal company reference is prohibited.
Quoting is authorized with prior permission of the publisher.
Additional copies of this report and back copies of previous issues may be ordered (free of charge) from e.com.
All prices for report evaluation services advertised in this publication are subject to change, due to currency
fluctuations, company policy, or modified product content.
The material included in this publication does not represent an advice or offer to buy, sell or trade the securities
related to companies herein referred to.
© Copyright 2009 enterprise.com - ReportWatch
